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China’s purchases of soybeans and other agricultural products are always based on its needs, not US demand. If the US wants to improve the trade imbalance, it needs to be more accommodating by removing restrictions on trade of high-tech and high value-added products.
China secures bumper summer harvest of rapeseed-
BEIJING, July 5 (Xinhua) -- China secured a bumper summer harvest of oil crops this year, with an uptick both in rapeseed output and procurement prices, the Nat
China secured a bumper summer harvest of oil crops this year, with an uptick both in rapeseed output and procurement prices, the National Food and Strategic Reserves Administration said Tuesday. By June 30, the country had purchased 660,000 tonnes of rapeseed, an increase of 320,000 tonnes year on y ..
Publishing date: Jul 25, 2021 • 3 hours ago • 3 minute read • Article content BEIJING/SINGAPORE — China’s soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting market sentiment just as U.S. farmers look to sell their new crop. A collapse in hog sector profitability and a sharp rise in wheat feed use are crimping demand in China, where imports this year may now be less than 100 million tonnes, compared with a recent U.S. forecast of 102 million tonnes. We ...